After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Mango Markets judgement raises more questions for smart contract law April 23, 2024 "What are you gonna do, arrest me?", Avi Eisenberg confidently wrote on Twitter days after he had successfully exploited the decentralised lending platform Mango Markets for $110 million in October 2022. To execute his exploit, Eisenberg did not use a hack but a financial engineering attack. He artificially drove up the price of the platform's native token MNGO on various exchanges. He then borrowed a large amount against his MNGO collateral on Mango Markets and defaulted on his MNGO position as soon as the price crashed.
April is for events… and showers April 23, 2024 April is shaping up to be a monumental month for the world of Web3 as enthusiasts and industry leaders converge at various events around the globe to explore the latest developments in blockchain, crypto, and non-fungible tokens (NFTs).
Real-World Assets on the Blockchain: Unlocking New Investment Opportunities April 22, 2024 Have you ever wanted to invest in real estate, artwork, or commodities, but found the process too complex or expensive? Enter Real-World Assets (RWA) on the blockchain – a game-changing concept that's making investing more accessible and providing efficient liquidity for everyone.
Fourth Bitcoin halving is a moment For celebration April 22, 2024 By the time you read this, Bitcoin will have completed its 4th Halving. The issuance rate of Bitcoin is designed to drop by half every 210,000 blocks, roughly every 4 years. This increases Bitcoin's scarcity and makes it harder to mine. However, no developers press a deploy button, and there is no big announcement at a tech conference - the code just executes. The last Halving will occur around the year 2140 when the last of 21 million Bitcoin is mined.
Could Runes save Bitcoin miners post-halving? April 19, 2024 At some point tomorrow, Bitcoin will experience its fourth halving. The reward miners receive for processing every 10 minute block will decline from 6.25 Bitcoin to 3.125. Bitcoin will become an even scarcer commodity with annual issuance dropping from 1.6% to 0.8%. The market appears to believe that this will be a serious loss for Bitcoin miners. Miner stocks, such as Riot, Marathon and Bitfarms, are down over 50% from their February highs.
Could DePIN be crypto’s ESG-friendly real world use case? April 18, 2024 So far in this cycle, there have been several narratives that have emerged. These include artificial intelligence (AI), real world assets (RWAs) and decentralised physical infrastructure (DePIN) tokens. Unlike meme tokens, these tokens and projects actually relate to solving a problem.
OKX launches its Base rival “X Layer” April 17, 2024 Last cycle, all eyes were on the centralised exchange Binance. Law enforcement agencies had yet to launch any attacks and its founder, Changpeng Zhao, was also still at the helm. But, even after its battles with regulators, according to The Block's data, the exchange still maintains over 40% spot trading volume dominance. However, its own chain, Binance Smart Chain, is quickly losing its dominance.
Hong Kong could become Asia’s crypto hub with Bitcoin and Ethereum ETFs April 16, 2024 After the weekend's volatility due to the increasing conflict in the Middle East, crypto saw some positive news coming from Hong Kong yesterday. Bitcoin and Ethereum spot exchange traded fund (ETF) applicants in Hong Kong posted on social media that authorities had approved their applications. The region will be the first in Asia to offer spot ETFs. Is this the beginning of Hong Kong’s crypto dominance?
Crypto ‘Wild West’: City regulator accused of pushing firms abroad April 16, 2024 The City watchdog has been accused of pushing British crypto firms abroad with its approach to regulation. Lars Mucklejohn takes a closer look at where the UK's digital assets industry is heading
The Sandbox: Building a Tech Friendly Regime for a Growing Crypto Industry April 15, 2024 On April 3rd, the Bank of England and FCA jointly published a consultation which marked the next step in opening a Digital Securities Sandbox (DSS) in the UK. The DSS is key to supporting responsible innovation in the UK. It allows market participants to try out new business models that are not yet permitted under current regulations, while simultaneously enabling regulators to identify where legislation and policies may need to change.